CSR Coursework Example | Topics and Well Written Essays - 500 words

CSR - Coursework Examplethe interests of the society by being considerate of its impact on the society, customers, shareholders, suppliers, employees, communities and the milieu in which the business operates from. Socially responsible organizations take the initiative of following the laid down commandment and also takes care of its employees and their families voluntarily without being under any obligations (p.199).They continue to say that CSR just meat the strategies that organizations use to conduct their business ethically by being society friendly. CSR involves a lot of activities exchangeable partnering with local communities, investing in socially sensitive ventures, having an excellent employee, customers and family relations and lastly being convoluted in purlieu conservation activities (Ismail, 2009, p.199).According Gotherstrom (2012), organizations like H&M can use the Stakeholder scheme of CSR. It involves the organization management putting into consideration e conomic and social factors that dissemble the business during its decision making in its operation.in this case the stakeholders involved include investors, political groups, communities employees, trade associations, government etc. These all stakeholders affect the business in one way or another that the business has to find ways and means of keeping them happy. This theory is not only how the shareholders can make more profits but also of how the organization can make decisions that will affect how the society views (p.8). The application of this theory has been on the rise especially due to the rise activists and environmental groups. (p.9) In the case of H&M, we find that it is involved in its CSR activities to atone for the condemnation that it received from Greenpeace in the year 2011for discharging hazardous wastewater with chemicals which could affect the environment negatively. This is demonstrated by the way it partners UNICEF to help children in Bangladesh.The next C SR is Legitimacy Theory this